Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-03-08
STEADILY PROGRESSING.

The Demand for Yankt0n Real Estate
Increases Day by Day-Outside Cap
italists Looking the Ground Over.
Interest in the possession Of Yankton
real estate is growing day by day and
the nearest approach to 81 excitement
came last evening and has been eontin.
ued through the day. The several real
estate headquarters have been thronged
and Judge Roberts modest cottage on
the corner of Third and Walnut is the
scene of o continuous leyee. Plats are
subjected to constant anxlouE scrutiny
and buyers are taking their pick from
choice lots and blocks known to be upon
the market. O'Brien, Hanson and Harris
are also entertaining crowds at their re.
spective Offices and the one subject of
conversation is real estate. Prices shave
advanced only slightly under this slim
illus, through there is a disposition to-
day among q few to hold for q greater
advance. But the rise has not as Eyet
been sufficient to crowd small buyers
out of the market, An illustration can
be made OF an unplatted forty north Of
the college, held all winter at $4,000, for
which $4,000 was to-day refused. Out
lying lots have gone up in about the
same proportion and the tendency
to increase is more with
suburban!property than IN the solidly
built portion OF the city. The specula-
tive disposition is towards the creation
of ad litions and the many unplatted
tracts in the suburbs favor development
of this tendency. So it is'probable that
the plated area of Yankton will he
largely increased by the present move
ment.
There are in town sto-dsy gentlemen
from Colorado & california, Nebraska,
Iowa and outside Dakota towns looking
the prospect over with q purpose Of in
stituting purchases and they are NOV
ing about in a business like way with an
eye to the main chance. That
portion of the city which
extends towards the proposed
railroad bridge site attracts the most at.
tentlon, thoughithe north bluff suburbs
are not at all neglected.
There was last evening a meeting SO
strictly private that it's aims and obieots
are kept from the public. It has been
ascertained that it represented plenty OIL
capital and that the project Of q street
railway was the burden of discussion.
To day theIfair ground tract, compris
ing forty acres, fell into Highlands of q
syndicate of local capitalists, the consid
GRAFTON being $4,000. 1t is presumed tina
this will be plated. though q member
of the syndicate assured the newspape,
enquirer that it is to be turned into {
stock farm. There is ON artesian we'll OF
the premises.
Last evening F. II. and T. II. ..ziebaol
took a forty. lying north of the city be.
tween the cemetery and the insane hos
pital and in consideration of the cheer
ful surroundings they gotlit for $1,000
II. FL. Ziebach also bought three lots OF
!. Third street, east. of Pine, for $65e.and i
/ now negotiating q sale at en- advanc
/ from the purchase price.
g Among the sales of yesterday wa
0 twenty-five feet front on Third street
! adjoining Coates block, from q. B. Hofi
g man to DIR. II. VanO strand, for $500. Tb
purchaser will put up brick bushes
block on the lot during the comm
building season.
John T. NJ. Pisiae, bought g .E {
0 Norton three lots on college hill, payin
/ $3.50 therefor.
:, Other real estate transfers to-day art
I Newton Edmunds to August Nyberl
two lots on Sixth street, 1876; A.
Faux to W. a. Carr fifty feet of lot ]
" Witherspoon's Yanktop, west Thu
street, 5000; O. j. B. Harris TO e.
Darst, q lot in block eighteen Withel
spoon's Yankton, 500; Newton Ed
munds to G. E. Bartlett, lot thirtee
= and south half of fourteen, block fort
NJ three, Mobiles addition, $500.
AS interest in the coming Duluth
Denver railroad. does not flag the follo,
ing from the Sioux Falls Press will n
= be passed by:
All winter long surveyors have bel
q In the field locating the line, and t.
n. opening of spring will see the actu
be building OF the road begun. The roa
nd will be running into Sioux Falls by ii
first of the winter. Its Importance
Siouy Falls cannot be exs Rgerated.
re- practically brings the city 200 mil
ps nearer the eastern markets. It ope
up to her a larger territory for her ma
factarers and her wholesale trade.
u AS a companion to this line ia t
an Yankton, Sioux Falls and Nebrasi
ID. practically another road though real
mo- an extension of the Duluth road.
rat Parties from Omaha speak encoura
;he ingly of the project for q railroad exte
an sion from that city to Yankton D 10
bfs for active operations during the prese
year.
VIM. Walker, o Huron real estate m
am who ia in the city to-day, was in Slo
nat Falls yesterday and while there he s
in and talked with the chief surveyor
me the Willmar & Sioux Falls corps "
nry told Mr.. Walker that the linz would
me surveyed through to Yankton at or
ter Mr.. Walker says that Yankton is to
ous the leading town In Dakota and he
here for the purpose of taking in
activity lin real estate. He also